Academic Committee Regulations - Chapter Five: Principles of Asset Management and Use
Release time:
2008-08-16
Article 15 Sources of funding include:
1. Funding from the competent department;
2. Special funds allocated from the local financial budget upon application;
3. Sponsorships and donations from individuals, departments, social groups (enterprises), associations, and other relevant units both domestically and internationally;
4. Legal income generated from activities conducted within the approved business scope.
Article 16 Fund management:
1. Establish a fund management team to strengthen supervision and management of funds;
2. Hire accounting personnel to be responsible for fund income and expenditure;
3. Correctly understand the scope of expenditures, strictly adhere to financial discipline, and account for all expenditures;
4. The assets of this association shall not be infringed upon or misused by any unit or individual.
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